Americas
Oil climbs after U.S. leaders strike provisional debt deal
Oil prices rose in early Asian trade after U.S. leaders reached a tentative debt ceiling deal, possibly averting a default in the world's largest economy and oil consumer.
ConocoPhillips to buy rest of Canada's Surmont oil site, bumping Suncor
ConocoPhillips said it was buying the 50% stake in the Surmont oil facility held by TotalEnergies' Canadian subsidiary for about $3 B, giving it full ownership and elbowing away rival Suncor Energy.
U.S. motorists kick off summer driving season with tame gasoline pricing
U.S. motorists are enjoying a so-called Goldilocks market, or one that is considered "just right," for gasoline.
Air Products signs $1-B deal for processing facility in Uzbekistan
Industrial gases maker Air Products and Chemicals said it had signed a $1-B deal with the Republic of Uzbekistan government and Uzbekneftegaz JSC to acquire, own and operate a natural gas processing facility in the country.
Stellantis may ship fewer gas-powered vehicles to U.S. states with strict emissions rules
Chrysler-parent Stellantis said it may limit shipments of gasoline-powered vehicles to dealers in states that have adopted California's strict emissions rules.
Chemical maker Dow signs supply agreement for bio-plastic materials
U.S. chemical maker Dow Inc said it had signed a long-term supply agreement with bio-conversion company New Energy Blue for plastic materials made from corn residue, in a bid to move towards renewable energy sources for production.
Delta Biofuel announces $100-MM final investment decision for renewable fuel facility in Jeanerette
Delta Biofuel has announced a $100-MM final investment decision for the construction and start up of a full-scale renewable fuel production facility in Iberia Parish that will convert sugarcane waste into feedstock for low-emissions energy generation.
OxyChem to install new electrolyzers at Texas facility
thyssenkrupp nucera is partnering with OxyChem to install the latest generation eBiTAC v7 electrolyzers to support the conversion of its Battleground plant in LaPorte, Texas, from the diaphragm to membrane chlor-alkali technology.
Oil prices buoyed by Saudi warning and falling U.S. stockpiles
Oil prices rose, driven up by tightening U.S. inventories and a warning from the Saudi energy minister that raised the prospect of further OPEC+ production cuts.
Oil prices rise on concerns over tightening supply
Oil prices gained after U.S. oil and fuel supplies tightened and as a warning from the Saudi energy minister to speculators raised the prospect of further OPEC+ output cuts.
- GTT receives order from Samsung Heavy Industries for the tank design of two new very large ethane carriers 2/11
- Emerson introduces hybrid continuous gas analyzer for improved regulatory compliance and emissions control 2/11
- BASF to further strengthen Global Business Services through global hub setup 2/11
- Morocco signs agreement with ORNX consortium for $4.5-B green ammonia complex 2/11
- Rosneft oil refinery in Germany warns of risks from U.S. sanctions 2/11
- TotalEnergies takes over Zeeland refinery operations, Lukoil still owns 45% 2/11
